| RE: Is it Greedflation? |  | Posted By: BeachK@ - (Send PM)
Member Since: 7/7/2012
Location: Frederick, MD
Total Posts: 478
Experience: 
Date Posted: 5/9/2023 2:08 PM | 
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Just need to figure out how to get these users to post. Bring the OBC back to life. I know politics and attacks drive people away. Wish others would see that and stop. Actual moderation would probably go a long way...
I'm a careful poster nowadays - and you stated my exact reasons. Let's see how this goes...
To the content of this thread: I have been coming to the Outer Banks for over 30 years. On our first trip we stayed in a sound side 5 bedroom that we crammed eight adults and four kids into. It was lived in, comfortable and had very few amenities - and it was a palace to us. In four days, a group of 12 of us are headed to Avon, the same town we stayed in all those years ago. 6 of us (my parents, brothers and two friends) will be in a five bedroom oceanfront that most would consider a Hatteras Island "classic", while another 6 (myself, The Husband and our adult children plus two dogs) will be in another 5 bedroom five-ish houses away that is "tricked out". Each of the houses is easily triple what my parents and their friends paid for that first house with the same amount of people - but time has passed, the value of a dollar has changed, our income has increased and our wants and needs have morphed.
The Husband and I consider a wide variety of homes all up and down the Banks each time we come down and we prioritize what is important to us. Sometimes that means we come down having spent under a grand total while other trips we pay 4k plus for just the house - it all depends on the group we're traveling with, the amount we're willing to spend, what perks we want and what we want our experience to be like for that particular trip. Yes, some of the prices for some of the homes are "crazy" - but we don't HAVE to rent those houses if we don't want to as there are always other options. And yes, some owners, and/or PMs, are going to be greedy but at the same time, other houses are going to justifiably demand a king's ransom for a week's rental - and it's all dependent on perspective.
Did some owners and PMs take advantage of the pandemic and crank up prices? Yes. Is that unique to the OBX rental market? No. Will the market adjust - and eventually force those that were just flat out greedy to dial down their prices? Maybe. Do we pay more for rental houses on the Outer Banks now than we used to? Yes. Are most of us still going to come back to our happy place despite it? Yes. Is it fair to judge those who decide to vacation elsewhere to suit their budgets, tastes and principles? No. Is all of this worth the rise in blood pressure that screaming into the void inevitably causes? Not in my opinion... I mean, feel free to do so - but I'm not going to get het up about it.
Tl;dr: My 2¢ on this is if you don't like the price that is being charged for a particular home you should rent another house... and if your "perfect" rental is too expensive you have options - either save up your vacation dollars or adjust your expectations, and vacation, to fit your budget.
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